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June 2023 Tax Alert (7)

Regulation 41/2023/ND-CP stipulates the rate of collection of registration fees for cars, trailers or semi-trailers towed by automobiles and similar vehicles manufactured and assembled domestically


In order to remove difficulties and support domestic automobile manufacturing and assembling enterprises, on June 28, 2023, the Government promulgates Decree 41/2023/ND-CP regulating the collection of registration fees for cars, trailers or semi-trailers towed by automobiles and vehicles similar to domestically manufactured and assembled cars.


A 50% discount is applied to the first – time registration fee for domestically manufactured and assembled cars, trailers or semi-trailers towed by cars and similar vehicles


Accordingly, the rate of collection of registration fee for domestically manufactured and assembled cars, trailers, semi-trailers and similar vehicles will be reduced to 50% of the collection rate specified in Decree No.10/2022/ND-CP dated January 15, 2022, current resolutions of the People's Council, People's Committees of provinces and centrally-run cities on the level of collection of registration fees in localities.


Offer period: from July 01, 2023 to December 31, 2023

From January 1, 2024 onwards: return to old levels


This Decree takes effect from July 1, 2023 to December 31, 2023.

Bản tin nhanh T6.7 - EN
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